IFS: Interim Report January–September 2015

Regulatory News:

IFS (STO:IFSA) (STO:IFSB)

July–September 2015 (third quarter)

· License revenue amounted to SKr 141 million (Q3 '14: SKr 132 million), in line with the previous year, currency adjusted.

· Maintenance revenue was SKr 293 million (Q3 '14: SKr 258 million), an improvement of 8 percent currency adjusted.

· Consulting revenue amounted to SKr 335 million (Q3 '14: SKr 336 million), a decrease of 4 percent currency adjusted.

· Net revenue totaled SKr 772 million (Q3 '14: SKr 728 million), an improvement of 1 percent currency adjusted.

· Adjusted EBITDA was SKr 87 million (Q3 '14: SKr 95 million). EBIT amounted to SKr 65 million (Q3 '14: SKr 63 million).

· Cash flow after investments was SKr -1 million (Q3 '14: SKr 9 million).

· Earnings per share after full dilution amounted to SKr 1.78 (Q3 '14: SKr 1.62).

January–September 2015 (nine months)

· License revenue amounted to SKr 437 million (YTD '14: SKr 373 million), an increase of 8 percent currency adjusted.

· Maintenance revenue was SKr 871 million (YTD '14: SKr 763 million), an improvement of 5 percent currency adjusted.

· Consulting revenue amounted to SKr 1,105 million (YTD '14: SKr 1,025 million), an increase of 1 percent currency adjusted.

· Net revenue totaled SKr 2,421 million (YTD '14: SKr 2,167 million), an improvement of 4 percent currency adjusted.

· Adjusted EBITDA was SKr 246 million (YTD '14: SKr 230 million). EBIT amounted to SKr 180 million (YTD '14: SKr 158 million).

· Cash flow after investments was SKr 63 million (YTD '14: SKr 172 million).

· Earnings per share after full dilution amounted to SKr 5.11 (YTD '14: SKr 4.13).

Outlook For 2015, IFS expects good growth in both license revenue and EBIT.

About IFS

IFS (http://www.ifsworld.com/en/)™ is a globally recognized leader in developing and delivering enterprise software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) founded in 1983 and currently has over 2,700 employees. IFS supports more than 2,400 customers worldwide from its network of local offices and through a growing ecosystem of partners. For more information visit: www.ifsworld.com.

Follow us on Twitter: @ifsworld (http://twitter.com/ifsworld)

Visit the IFS Blog on technology, innovation and creativity: http://blog.ifsworld.com/

IFS discloses the information provided herein pursuant to the Financial Instruments Trading Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on October 22, 2015 at 8:00 a.m. (CEST).

This information was brought to you by Cision http://news.cision.com

View source version on businesswire.com: http://www.businesswire.com/news/home/20151021006892/en/